May 12, 2021
May 12, 2021
May 12, 2021
Here is the EARLY EDITION of this week's Coinstack Newsletter just for our Telegram subscribers...
https://docs.google.com/document/d/1CRFJi2S11_wBu6uwSRXE6JPwRj7Yl0edW_m2KtHX-Zk/edit#
https://docs.google.com/document/d/1CRFJi2S11_wBu6uwSRXE6JPwRj7Yl0edW_m2KtHX-Zk/edit#
Google Docs
Coinstack #22 - Ethereum's Intrinsic Value
May 13, 2021
Here is the weekly Coinstack newsletter.
https://coinstack.substack.com/p/intrinsic-value-comes-from-cash-flows
Inside this week's issue...
1. Ethereum’s Intrinsic Value Comes From Its Cashflows
2. Leverage Trading: Get 2x Returns Betting on Ethereum
3. Coinstack Alpha Fund Update - Deposits Reopened - Up 23% in Last 3 Weeks While BTC Down 15%
4. Portfolio Update: Up 697% YTD 👀
5. Join the Weekly Advice Call on Crypto by Buying an NFT
6. NFTs of the Week by Mrs. Bubble
7. A Long-Term Crypto Portfolio
8. Who I’m Following Closely on Twitter
9. Getting Started in Crypto
https://coinstack.substack.com/p/intrinsic-value-comes-from-cash-flows
Inside this week's issue...
1. Ethereum’s Intrinsic Value Comes From Its Cashflows
2. Leverage Trading: Get 2x Returns Betting on Ethereum
3. Coinstack Alpha Fund Update - Deposits Reopened - Up 23% in Last 3 Weeks While BTC Down 15%
4. Portfolio Update: Up 697% YTD 👀
5. Join the Weekly Advice Call on Crypto by Buying an NFT
6. NFTs of the Week by Mrs. Bubble
7. A Long-Term Crypto Portfolio
8. Who I’m Following Closely on Twitter
9. Getting Started in Crypto
Substack
ETH's Intrinsic Value Comes from Cash Flows
Ethereum's DCF Gives Intrinsic Value of $13k to $25k, Leveraged Perpetuals, Coinstack Alpha Fund Reopened, Portfolio up 697% YTD 👀, Get an NFT Ticket to our Weekly Crypto Advice Call
May 13, 2021
For those watching right now (3650) is an absolutely fabulous entry point for ETH after a 15% pullback.
May 13, 2021
The Coinstack Alpha Fund has reopened for deposits. We suggest minimum investments of $10k+ as Ethereum gas fees to enter the fund are currently $800 regardless of size of investment.
https://app.enzyme.finance/vault/0x29ffa4ba1938d5e8772de736a530708482870796/overview
We plan to open to smaller investments of $1k+ later this year once Enzyme builds on a layer 2 solution and gas fees are much lower.
https://app.enzyme.finance/vault/0x29ffa4ba1938d5e8772de736a530708482870796/overview
We plan to open to smaller investments of $1k+ later this year once Enzyme builds on a layer 2 solution and gas fees are much lower.
May 13, 2021
We had $122k come into the Coinstack Alpha Fund today in new deposits. For those interested, here's how I allocated the new capital just now.
I'm sticking with a heavy ETH/DOT/RUNE portfolio, with some additional exposure to quality DeFi projects.
Enzyme doesn't (yet) have every single token I'd want to invest in, but they do have about 150 so far. Excited to see them evolve in the years ahead. I believe on-chain platforms like Enzyme will become the future of hedge fund capital management.
I'm sticking with a heavy ETH/DOT/RUNE portfolio, with some additional exposure to quality DeFi projects.
Enzyme doesn't (yet) have every single token I'd want to invest in, but they do have about 150 so far. Excited to see them evolve in the years ahead. I believe on-chain platforms like Enzyme will become the future of hedge fund capital management.
May 14, 2021
For those who would like to learn more about Ethereum’s move to an energy efficient Proof of Stake (PoS) system later this year and why that may lead to Ethereum becoming the most valuable blockchain by market cap, a great resource is the site: http://ethmerge.com
The Ethereum Proof-of-Stake Merge
The merge is coming! Learn what the change from Proof of Work (PoW) to Proof of Stake (Pos) means for you, the broader Ethereum community, and the world at large.
May 14, 2021
For those interested in how on-chain crypto hedge funds like the Coinstack Alpha Fund work, listen 🎧 to this podcast interview with Enzyme founder Mona El Isa...
https://open.spotify.com/episode/10DRHPBpdnbjp6QgswQiPl?si=wZlUP9vgTymUekN-p8MFXQ
https://open.spotify.com/episode/10DRHPBpdnbjp6QgswQiPl?si=wZlUP9vgTymUekN-p8MFXQ
Spotify
"You Can Wake Up With an Idea for a Fund and Deploy it in Minutes:" Melon's Mona El Isa
Listen to this episode from The Defiant on Spotify. This weeks podcast episode is with Mona El Isa, the co-founder of Melon, a decentralized asset management protocol. Mona tells the story of how she started her career at Goldman Sachs trading equities,…
May 14, 2021
May 14, 2021
I highly recommend listening 🎧 to this podcast from today with The Scoop’s Frank Chapparo interviewing Framework’s Vance Spencer about
why large institutions are shifting investments into Ethereum and DeFi due to their cash flows and how Optimism, Arbitrum, ZkRollups, and Polygon are scaling Ethereum this summer.
“We’re talking weeks, not months, not a year on scaling.”
“We are nowhere near a top”
https://podcasts.apple.com/us/podcast/the-scoop/id1460134454#episodeGuid=ac12040c-b4c6-11eb-a7ba-bf706c1d2b08
Vance manages a crypto fund with $1 Billion in AUM
why large institutions are shifting investments into Ethereum and DeFi due to their cash flows and how Optimism, Arbitrum, ZkRollups, and Polygon are scaling Ethereum this summer.
“We’re talking weeks, not months, not a year on scaling.”
“We are nowhere near a top”
https://podcasts.apple.com/us/podcast/the-scoop/id1460134454#episodeGuid=ac12040c-b4c6-11eb-a7ba-bf706c1d2b08
Vance manages a crypto fund with $1 Billion in AUM
Apple Podcasts
The Scoop
Investing Podcast · Updated Biweekly · Welcome to The Scoop, The Block's flagship podcast covering finance and technology industries through unmatched interviews with top thought leaders, cultural icons and industry veterans. The Block’s F…
May 15, 2021
For those who still hold some Bitcoin I recommend swapping about half of it into Ether (ETH). I still think BTC will grow in 2021, but not by nearly as much as ETH.
May 15, 2021
Here is a good crypto Twitter list to follow for those wanting to get up to speed on crypto education from good quality sources: https://twitter.com/i/lists/1376636817089396750
May 15, 2021
In case anyone is wondering what is happening to crypto markets today... Elon Musk has been messing with Bitcoiners on Twitter and implying Tesla might sell their BTC.
We are now in an oversold position on both BTC and ETH.
My sense is we are at a great moment to stack/buy more.
If you’ve been waiting for May’s 25% dip, this is it.
Happens like clockwork every 4-6 weeks. Last one happened April 14.
We are now in an oversold position on both BTC and ETH.
My sense is we are at a great moment to stack/buy more.
If you’ve been waiting for May’s 25% dip, this is it.
Happens like clockwork every 4-6 weeks. Last one happened April 14.
May 17, 2021
May 17, 2021
Parachain auctions have begun on Kusama, driving a 31% rally in KSM in the last 7 days.
Kusama is the early stage and faster network for Polkadot. Many highly anticipated blockchain apps like Acala and Karura launch on Kusama this summer. I’ve been writing about this since February in Coinstack. I expect both Kusama and Polkadot will do very well in 2H 2021.
Kusama is the early stage and faster network for Polkadot. Many highly anticipated blockchain apps like Acala and Karura launch on Kusama this summer. I’ve been writing about this since February in Coinstack. I expect both Kusama and Polkadot will do very well in 2H 2021.
May 17, 2021
For anyone wondering, we are still in the middle of a major bull cycle and I expect that ETH will be back at all time highs above $4350+ within 2-3 weeks max. I expect the Eth market to go up quite a bit after the May 28 monthly options expirations and gain a lot as we get toward July’s EIP-1559 release. I reiterate my price target of $8k+ by end of 2021. May 2021 is by far the best month in Ethereum’s history for revenues, on track to be nearly double April 2021.
May 17, 2021
May 17, 2021
Here is the EARLY edition of this week's Coinstack newsletter... just for our 1310 Telegram channel subscribers.
https://docs.google.com/document/d/1EnII9r0ijwQFyoax84mw91HaN2xspfCVk5LIj515aHE/edit#
https://docs.google.com/document/d/1EnII9r0ijwQFyoax84mw91HaN2xspfCVk5LIj515aHE/edit#
May 18, 2021